US President Donald Trump said on Sunday that a peace deal with Iran could be reached, potentially putting him in direct conflict with Tehran over the timing of the deal.
This claim caught the attention of the entire crypto market, as the draft agreement is expected to reopen the Strait of Hormuz. Traders are keeping an eye on whether lower energy stress could push capital back into Bitcoin and other risky assets.
“The agreement will be signed tomorrow,” President Trump wrote on Truth Social on Saturday. “The Strait of Hormuz is open to everyone,” he added shortly after signing the deal.
Pakistan also indicated that negotiations were close to an agreement. Prime Minister Shehbaz Sharif agreed to the final document and said it could be electronically signed within 24 hours.
Tehran objects to schedule
Iran has not confirmed President Trump’s schedule for Sunday. Foreign Ministry spokesman Esmael Bagay told state media that the memorandum would not be signed on Sunday but could be advanced later.
“We’ll have to wait and see as to the exact date,” Baggaei said, adding: “It’s not tomorrow.” Despite the mediator’s note of progress, his statement remained uncertain.
Iran’s Foreign Ministry Spokesperson: Although no memorandum of understanding will be signed tomorrow, “we cannot rule out the possibility that it will be signed within the next few days.”
(From Iranian state media) pic.twitter.com/m8bxc09vr1— Steve Lookner (@lookner) June 13, 2026
Reopening Holmes remains the focus
The Strait of Hormuz is one of the world’s most important energy routes. According to data from the U.S. Energy Information Administration, about 20% of the world’s petroleum liquids consumption moved through this corridor in 2024.
Economic reopening will be important for oil, LNG, inflation expectations and risk appetite. Rising energy costs have weighed on global markets for several months, adding pressure to cryptocurrencies during the ETF outflow period.
Bitcoin traders focus on risk demand
Cryptocurrency analyst Michael van de Poppe said a confirmed peace deal could support Bitcoin and other risk assets. “Liquidity will flow back into risk-on assets,” he wrote, adding that cryptocurrencies could benefit after SpaceX’s high-profile IPO.
President Trump said the Iran peace deal was signed on Sunday.
If that happens:
– Crude oil continues to fall and reaches its peak.
– Stock prices will rise.
– Yields will fall significantly in Japan and the US.
– #Bitcoin breaks upward due to positive ETF inflows.
– Yields fall –> $ETH/$BTC i will be back…— Michael van de Poppe (@CryptoMichNL) June 13, 2026
Bitcoin traded around $64,213 on Sunday, after rising about 0.8% from its previous close, according to market data from crypto.news. The Spot Bitcoin ETF also remains under scrutiny, recording weekly net outflows of approximately $315.84 million, according to SoSoValue data.
As previously reported by crypto.news, recent market updates link Bitcoin’s weakness to ETF withdrawals, tensions between the US and Iran, and competition for capital generated by SpaceX’s offering. Another report, citing Galaxy Research, said that only four of Bitcoin’s 13 bottom signals were triggered.
Galaxy base case places possibilities $BTC The outlook has made traders cautious, despite hopes that a peace deal would increase the likelihood of short-term relief.
The next market reaction may depend on whether the US, Iran and Pakistan confirm the same signing schedule. Until then, Bitcoin remains tied to headlines from Holmes, ETF demand, and broader investor risk appetite.
While the signed agreement may alleviate one source of pressure, traders still need stronger capital flows before declaring a sustained recovery. Oil prices and ETF data will be the next checkpoint for near-term crypto positioning.
